IAP 2001 Activity

Are U.S. Executives Overpaid? Bengt Holmstrom Tue Jan 16, 01-02:30pm, E51-395 No enrollment limit, no advance sign up Single session event Prereq: None In the '90s the best paid CEOs in the US earned each year over 100 million dollars from lucractive stock option programs. Is this a sign of executive greed, or does the increased use of stock options improve corporate performance? The lecture will place this question in the larger context of the very significant corporate restructuring that has taken place in the US over the past two decades, arguing that stock option programs have played a very central role in this transition. We will also discuss the challenges facing stock option programs in a slow-growing stock market and suggest ways to make them better. Web: http://web.mit.edu/economics/www Contact: Deborah Garrity, E52-274, x2-1618, dgarrity@mit.edu Sponsor: Economics Latest update: 08-Nov-2000

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Listing generated: 31-Jan-2001